"vizag-steel-plant"

In an affidavit filed in the Andhra Pradesh HC, the Centre stated that privatisation of the plant would not be stopped

The protestors declared that they will not allow privatisation of the plant which was achieved with the sacrifice of many lives

Minister Avanti Srinivasa Rao said it was imprudent to privatise national wealth and the party would bring pressure on the Centre in the Parliament to drop the move

Admonishing the PM to take back his privatization plans, he reminded that many farmers sacrificed their land for the steel plant.

Visakhapatnam: Workers at the Visakhapatnam Steel Plant –Rashtriya Ispat Nigam Ltd. (RINL) went on a daylong strike on Tuesday, demanding dropping the move to privatise the plant and implementation of wage revision. As many as 14 trade unions took part in the strike. The workers are also demanding job for the family of workers who […]

YSRCP victory in Tirupati Lok Sabha by-election was certain and the TDP and the BJP were vying for only the second place, said Minister Kurasala Kannababu

After searching for a while, police took him into custody in the plant premises on Saturday morning, it is learnt

Govt had no business to sell the steel plant which is worth Rs 62,000 cr and already paid several thousands of cr towards taxes and in the form of dividend to the Centre, for a mere Rs. 3200 cr, said AITUC general secretary Amarjit Kaur

AITUC national leader Tapan Sen felt only a public struggle would stop privatisation and warned that people would not keep quiet if national wealth is sold away

"TRS government gave 43 per cent fitment, besides initiating many welfare programmes. How can BJP leaders label our government as anti-employee?" questioned Rama Rao

Trade union leaders Ch. Narasinga Rao, D. Adinarayana and Mantri Rajasekhar demanded revoking the approval of the Cabinet Committee on Economic Affairs (CCEA) for 100 per cent strategic sale of RINL.

"Even while the agitation to save Vizag steel plant is intensified, the minister's remarks tend to provoke Telugu people," CPM Visakhapatnam district secretary K Lokanadham said

CPI (Maoist) Telangana State Committee spokesperson Jagan alleged that the Modi govt was privatising profitable public sector companies to capitalist and corporate forces

The YSRCP-led state government has also expressed solidarity with the bandh and announced that RTC buses will not run today till 1 pm.

Chief Minister YS Jaganmohan Reddy had already announced that a resolution would be adopted in the Assembly opposing the privatisation of Vizag steel plant

The steel plant employees and contract workers were on relay fasts for the past 15 days protesting the privatisation move

" All this and more will be a step in the right direction to protecting the thousands of employees’ future and sustainability", he said

Talking to reporters here, she said she came to know about the decision only after the Centre announced it

Jaganmohan Reddy also drew the attention of Modi to the fact that the plant had a good performance between 2002 to 2015 earning profits with positive net worth.

Srinivasa Rao's resignation will come into effect the moment the Centre's decision to privatise the steel plant is implemented.